Decries

Despite cries by Republican senators last week for a stripped-down energy bill in the aftermath of the Sept. 11 terrorist attacks, Chairman Jeff Bingaman (D-NM) of the Senate Energy and Natural Resources Committee said he remains undeterred in his drive to vote out a “balanced and comprehensive” energy bill during this session.

FERC Chief Administrative Law Judge Curtis L. Wagner’s proposal to make the pricing formula outlined in the Commission’s June mitigation order retroactive to Oct. 2, 2000 is unfair and would add to the uncertainty already seen in California’s power markets, argue Enron Power Marketing Inc. and Enron Energy Services. If Wagner follows through on this, the ALJ also should urge the Federal Energy Regulatory Commission to rule that all rates charged by generators prior to the Oct. 2 cutoff are just and reasonable and are not subject to refund, the Enron affiliates said in preliminary comments made at the Commission.

Reliant Energy Power Generation and Reliant Energy Service last week filed an emergency request for expedited reconsideration of FERC’s April decision in which it approved price-mitigation for the troubled California power market during reserve emergencies.

Reliant Energy Power Generation and Reliant Energy Service have filed an emergency request for expedited reconsideration of FERC’s April decision in which it approved price-mitigation for the troubled California power market during reserve emergencies.